Nordecon and Haven Kakumäe signed a contract to build 3 apartment buildings to Kakumäe

Nordecon AS and Haven Kakumäe OÜ signed a
contract to design and build three apartment building to Lesta 10,
Kakumäe, Tallinn. Nordecon’s contract is about 11 million Euros, total
volume of Haven Kakumäe’s development investments is 70 million Euros.
The buildings will be complete by the end of 2018.

“We have built the newest yacht harbour of Estonia
to Kakumäe peninsula in Tallinn. Now we are starting the development
of apartment buildings and a harbour building to the same area. It
will be a beautiful and cohesive place to live, exercise and spend
time on your hobbies,” Neeme Kaarma, chairman of the board of Haven
Kakumäe OÜ said.

“The number of private costumers in construction
is considerable, and that is a good thing. Housing construction market
in Tallinn is particularly active, other sectors in construction show
moderate growth,” Ando Voogma, board member of Nordecon ASi stated.
“Kakumäe Lesta 10 apartment buildings have a good sales potential, as
they are in a well-planned and designed area. The buildings are
located by the sea, in a quiet and peaceful area, next to a yacht
club, surrounded by lush nature and many opportunities for sports and
leisure activities. It also has a good access by sea and by land, on
foot and by using means of transportation.”

Three apartment buildings of Lesta 10 have
3stories with total gross area of 10695 m² and net area of 9410 m².
The buildings have 55 2–5 room apartments in total. An underground car
park connects all the buildings. Every stairwell has elevators that go
to the insulated car park.